Product Development Scientist
Salary

Median pay for Product Development Scientists in the United States is around $67K annually. With some bonuses approaching $10K and certain profit sharing proceeds approaching $12K, overall incomes of Product Development Scientists spread between $42K and $101K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by tenure. Medical benefits are awarded to nearly all, and most earn dental coverage. The majority of Product Development Scientists claim high levels of job satisfaction. Men working as Product Development Scientists who took the survey just slightly outnumber women at 52 percent. The figures in this rundown are based on the results of PayScale's salary questionnaire.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

Job Description for Product Development Scientist

Product development scientists work across a variety of fields, and their tasks vary by industry. Many product development scientists work in the food industry; in that industry, some of the scientist's tasks include ensuring their organization meets government regulations and standards pertaining to sanitation, safety, waste management, and quality standards. Developing new food items for production based on consumer feedback is another common task, as is quality control analysis.

In general, a product development scientist works during regular business hours, although overtime may be required depending on the company. Product development scientists must have the ability to communicate well with others both verbally and in written form. They must also have excellent decision-making and problem solving skills, as well as excellent data-analysis skills and the ability to articulate findings to laypersons, industry experts, and a variety of professionals in their organizations.

Product development scientists generally need at least a bachelor's of science degree in a relevant field, such as chemistry, biochemistry, or pharmaceutics. Some employers may also prefer industry-specific experience or previous experience in a similar role.

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Popular Skills for Product Development Scientist

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey results suggest that Product Development Scientists put a wide range of professional skills to use. Most notably, skills in Project Management, Product Development, Data Analysis, and Molecular Biology are correlated to pay that is above average. At the other end of the pay range are skills like Biotechnology, Research Analysis, and Molecular Biology. Those educated in Data Analysis tend to be well versed in Project Management.

Pay by Experience Level for Product Development Scientist

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Product Development Scientists generally obtain higher compensation for more plentiful past experience. In this position, someone who has worked for fewer than five years can expect a median salary of $62K. The median for people with five to 10 years of experience is only a little bit higher at $71K. Product Development Scientists see a median salary of $84K after reaching one to two decades on the job. Average wages for folks with more than 20 years of experience come out to around $98K.